Meesho received an income tax demand of around Rs 1,500 crore for AY 2023-24, which it plans to contest. Despite rising revenue, the e-commerce firm reported a widened Q3 loss of Rs 490.6 crore due to higher expenses
Meesho shares debuted with over 46% premium on NSE and BSE after its Rs 5,421-crore IPO saw strong 79-times subscription. The company plans to use proceeds for cloud infrastructure, marketing, acquisitions and other strategic growth initiatives
BIS raided warehouses linked to Flipkart, E-Kart, and Meesho in Andhra Pradesh, seizing uncertified and unsafe products. These goods violated BIS safety norms and the BIS Act. Authorities warn of health risks and legal penalties for such violations
'Meesho Mega Blockbuster Sale' is the company's first festive sale where over 400 brands will sell their products either directly or through their authorised partner on the platform's digital store 'Meesho Mall'.
The company in its blog said that the 11-day leave is an initiative aimed at allowing employees to completely unplug from work and prioritise their mental well-being after the busy festive sale period.
WE-Hub and Meesho will work together to provide robust market access to women-led businesses in the State, helping small businesses to grow and thrive.
The social networking platform said the 'Nayi Shuruaat' campaign launched during its 'Fuel for India' event is an ode to the resilience of small businesses amid crisis.
